All Blog Entries

12/18/12

Stocks opened and closed strongly yesterday kicking off what the bulls are hoping is this year's Santa Claus rally. The Dow gained 100-points closing near the highs of the day.


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12/17/12

The Dow lost 36-points on Friday, as a late afternoon sell-off took the indices from modest gains to modest losses for the week.


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It's been a bit of a roller coaster in the indexes the past few weeks and we are about to head into the holidays soon. Seasonality is positive this time of year, and as most of us are quite aware there are numerous political/economic issues weighing on investors and traders alike. So it's difficult to focus on the historical perspective. In such a situation we tend to look for other indications that may give us a clue about market direction.

A few weeks ago I was asked whether I'd ...

We went into last week looking at some pretty strong chart action, and into Wednesday it looked like we were going to get some solid breakouts. Then, at the conclusion of the Fed's FOMC meeting, the market indices reversed themselves and we ended with a flat to mixed week.

Here are the updated weekly, monthly, and annual TSP fund returns through December 14:

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12/14/12

After a positive open on Thursday, stocks drifted lower most of the day as both political parties went public again about how bad the other party's proposals are. The Dow lost 74-points or about -0.6%, which is about how the C and S funds ended the day as well.

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